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MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

MS Amlin signs multi-year deal for CyberCube Solutions to support cyber growth strategy

by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

Chris Methven, Chief Growth Officer at CyberCube, said,“Our analytics are designed to help (re)insurers like MS Amlin navigate a rapidly evolving threat landscape and make confident, data-informed decisions. This collaboration reflects the growing demand for...
Insurance loss estimated for outage at AWS can range from $38 million-$581 million, says CyberCube

Insurance loss estimated for outage at AWS can range from $38 million-$581 million, says CyberCube

by AIP Online Bureau | Oct 24, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

CyberCube’s analysis shows that the outage is likely to have affected over 2,000 large organizations and nearly 70,000 organizations in total. The analysis is based on Portfolio Manager Version 6, which was released earlier this year. It allows users to assess...
CyberCube raises over $180 million from investor Spectrum Equity

CyberCube raises over $180 million from investor Spectrum Equity

by AIP Online Bureau | Oct 2, 2025 | International News, Non-Life, Reinsurance, Risk Management

Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...

AI agents can create leverage for threat actors in scaling widespread cyber attacks, CyberCube report

by AIP Online Bureau | Jan 16, 2025 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

A more advanced and concerning development is emerging: AI agents that operate autonomously to scale cyber attacks with unprecedented speed and efficiency. While AI has obvious applications in defensive cybersecurity, we believe that in the near term, threat actors...

Insured losses from CrowdStrike outage could reach $1.5 bln, CyberCube says

by AIP Online Bureau | Jul 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

Reinsurance broker Guy Carpenter said that insurers may face claims on directors and officers’ and property insurance as a result of the outage, in addition to cyber insurance claims Global insured losses from last week’s massive IT outage are likely to range from...
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